×
App Icon
The Standard e-Paper
Kenya's Bold Newspaper
★★★★ - on Play Store
Download Now

William Ruto commits to a pan-African payment system

Vocalize Pre-Player Loader

Audio By Vocalize

President William Ruto during the signing of the Sh400 billion financing program between Kenya and AfriExim Bank at State House Nairobi on Tuesday May 2, 2023. [PCS]

President William Ruto has said Kenya will rally for a Pan-African payment system that will allow transactions across markets regardless of currency differences.

The move, the Head of State said, will enable Kenya, and the rest of the African countries to maximise trade opportunities that exist under the African Continental Free Trade Area (AfCTA).

Get Full Access for Ksh299/Week.
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in
Business
Kenya faces mounting pressure to wrap up China trade pact
Business
Why dignity should be at the heart of Kenya's digital lending
Business
Gulf Energy secures oil rig ahead of Lokichar project kick-off
Business
Big win for Ruto as court clears path for sale of key State firms